The Unification Church's business holdings include the UPI, The Washington Times, and the Tongil Group, one of the largest South Korean business groups or chaebol with business interests world-wide. The church is the largest owner of U.S. sushi restaurants and in the Kodiak region of Alaska, it is the area's largest employer. The church owns the only automobile manufacturing plant in North Korea, Pyeonghwa Motors, and is the second largest exporter of Korean goods.
In 1989, Moon became the largest foreign investor in China In 1989, Moon founded Seongnam Ilhwa Chunma, the most successful soccer club in Korean football, having won a record 7 league titles, 2 FA Cups, 3 League Cups, and 2 AFC Champions League titles.
In the 1990s, Moon's ownership of major business enterprises, including The Washington Times, the United Press International, and Pyeonghwa Motors was noted in the media. A small sampling of Moon's possessions included computers and religious icons in Japan, seafood in Alaska and ginseng in Korea, huge tracts of land in South America, a recording studio and travel agency in Manhattan, a horse farm in Texas, and a golf course in California.
In 2004, Moon held an opening ceremony of the largest helicopter manufacturer in Asia, with 500 VIPs participating, namely Washington Times Aviation; the company produces Sikorsky helicopters on sub-contract basis. Moon traveled worldwide in his private jet which cost $50 million, The same year, Moon launched $ 1.5-billion construction project of 70-story twin skyscrapers in Seoul; a year later he bought an area of 46,000 m² in Seoul for the construction of skyscrapers. Currently the project is under construction and scheduled to be completed by 2013.
In 2011, construction of $18 million Yeosu Expo Hotel was completed; the hotel located at Moon-owned The Ocean Resort in Yeosu, the venue of the Expo 2012. The opening ceremony was attended by the governor of the relevant province. Another one, The Ocean Hotel, was completed in February 2012. Moon-owned Yeongpyeong Resort, The Ocean Resort and Pineridge Resort are scheduled to host the Expo 2012, 2018 Winter Olympics and Formula 1. Moon also managed the FIFA-accredited Peace Cup. FIFA itself has funded more than $2m for Peace Cup since 2003.
Read more about this topic: Sun Myung Moon
Other articles related to "business interests, business, interests":
... programming, design, print, and marketing business service that mainly manages fitness websites ...
... In early 1951 Sir Rupert and Lady Clarke visited King Ranch in Texas ... Sir Rupert, asked the late Robert J ...
... Redfoo is a former day trader and has been featured on business television CNBC's Mad Money with Jim Cramer ...
... One of Lopez's early business interests was the trade in spermaceti, a coveted wax extracted from whale oil that was used to make fine candles ... the North American coastline and by 1757 had major interests in the West Indian trade ... The reason he was successful was that his business interests were so diverse ...
Famous quotes containing the words interests and/or business:
“It is sometimes necessary to lie damnably in the interests of the nation.”
—Hilaire Belloc (18701953)
“God forgive me, I do still see that my nature is not to be quite conquered, but will esteem pleasure above all things; though, yet in the middle of it, it hath reluctancy after my business, which is neglected by my following my pleasure. However, music and women I cannot but give way to, whatever my business is.”
—Samuel Pepys (16331703)